Susser (SUSS) Sees Q4 Comps Up 5%, FY11 Copms Down 6%
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Susser Holdings Corporation (Nasdaq: SUSS) expects to report same-store merchandise sales growth for the fourth quarter of 2011 of approximately 5.0 percent compared with the fourth quarter of 2010. Retail average per-store fuel volumes are expected to increase by about 7.2 percent from a year ago.
For the full year 2011, Susser expects same-store merchandise sales growth of approximately 6.0 percent and retail average per-store fuel volume growth of about 4.9 percent versus full year 2010.
New Store UpdateDuring the fourth quarter of 2011 the Company opened six new large-format convenience stores for a total of 541 as of year-end. For the full year, the company opened 19 new stores and closed four.
127 new wholesale dealer sites were added during the fourth quarter, including the 121 acquired in October, and two were discontinued for a total of 565 dealer sites at year-end. Susser added a total of 142 dealer sites and discontinued eight during fiscal 2011.
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For the full year 2011, Susser expects same-store merchandise sales growth of approximately 6.0 percent and retail average per-store fuel volume growth of about 4.9 percent versus full year 2010.
New Store UpdateDuring the fourth quarter of 2011 the Company opened six new large-format convenience stores for a total of 541 as of year-end. For the full year, the company opened 19 new stores and closed four.
127 new wholesale dealer sites were added during the fourth quarter, including the 121 acquired in October, and two were discontinued for a total of 565 dealer sites at year-end. Susser added a total of 142 dealer sites and discontinued eight during fiscal 2011.
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